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27 November 2024 | 48 replies
My plan is to use my HELOC from my current primary residence as the down payment.
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24 November 2024 | 1 reply
If family lives in the main home and friends stay for free in the garage, the property remains a primary residence, but there’s no rental income or tax benefits.
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26 November 2024 | 127 replies
My primary residence, single family home and a large 7 bedroom duplex
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22 November 2024 | 9 replies
They should know the process super well and have their own contacts with leaders and managers to be able to ensure things run smoothly.There is a weekly open-office time for residents to be able to sit down with their case manager (I think it's Weds, but I haven't seen the time printed out recently so it may have changed.
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25 November 2024 | 7 replies
Investment Info:Single-family residence buy & hold investment in Nashville.
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27 November 2024 | 16 replies
MTRs do have higher turnover than a typical LTR (usually between 2-4 times a year), but since most MTR residents treat the space well and since there is less moving in and out of furniture, it is not uncommon for an MTR to actually have less wear and tear over the year than an LTR (and a lot less than an STR), Arbitrage for the MTR operator has its own sets of pros and cons, but I just wanted to address the question of why would a property owner ever want to allow an MTR in their unit.
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22 November 2024 | 6 replies
Just a FYI be prepared for it to sell at a discount,Jay- I have seen people buying land notes for 12%-15% yield which is CRAZY and they are going to eventually lose their shirt once they go into default and the land value is repriced.Thank you for the info.
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25 November 2024 | 3 replies
Then I search the county records by their name to see if I can find their primary residence which is where you can send a letter.
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27 November 2024 | 8 replies
You could 1031 out of the property, purchase a new one or something you might like, "Live" there for two years and convert the property to a primary residence.
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23 November 2024 | 15 replies
Quote from @Nicholas Cavato: Looking for advice from you BP pros out there.I will be purchasing either a single family residence or multi family residence home in the Cleveland, Ohio area no later than January 2025 and intended on purchasing using an FHA loan with an already formed Ohio LLC.